ET Magazine-Big Story

How next-gen women entrepreneurs are scaling up traditional businesses

With a massive restructuring underway, the company, which grew 20% annually until stagnation hit in 2012, will surpass the old numbers in two years, said Roshini Sanah Jaiswal, promoter and chief restructuring officer at JIL.

Her designation doesn’t leave you guessing about her mandate at this 72-year-old liquor firm: as chief restructuring officer of Jagatjit Industries, Roshini Sanah Jaiswal has a Herculean task ahead of her: of turning around and transforming the ailing company, which at last count had run up losses of Rs 37 crore (for the March 2016 ended quarter) and a debt pile of Rs 360 crore.